There were 30 T&D project contracts announced in the Asia-Pacific region in Q2 2021, marking a rise of 30% over the last four-quarter average of 23, according to GlobalData’s power industry contracts database.
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Power Plant stood at first place when compared with other power tender categories in the Asia-Pacific region in Q2 2021 with 116 contracts and a 38.3% share, followed by Generation Equipment with 80 contracts and a 26.4% share and Electricity Procurement with 48 contracts and a 15.8% share during the quarter.
The proportion of contracts by category tracked by GlobalData in the quarter was as follows:
- Project Implementation: 20 contracts and a 66.7% share
- Consulting & Similar Services: ten contracts and a 33.3% share.
Solar is top technology for Asia-Pacific T&D project contracts in Q2 2021
Looking at T&D project contracts by the type of technology in the Asia-Pacific region, solar accounted for six contracts with a 54.5% share, followed by wind with four contracts and a 36.4% share and hydro with one contract and a 9.1% share.
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Asia-Pacific T&D project contracts in Q2 2021: Top issuers by capacity
The top issuers of T&D project contracts for the quarter in terms of power capacity involved in Asia-Pacific were:
- Ministry of Energy of the Republic of Uzbekistan (Uzbekistan): 457MW from one contract
- China Green Development Group: 150MW from one contract
- Total Eren (France): 131.3MW capacity from one contract.
Asia-Pacific T&D project contracts in Q2 2021: Top winners by capacity
The top winners of contracts for the quarter in terms of power capacity involved in Asia-Pacific were:
- Abu Dhabi Future Energy (United Arab Emirates): 457MW from one contract
- SEPCOIII Electric Power Construction (China): 150MW from one contract
- Mytilineos (Greece): 131.3MW capacity from one contract.
All publicly-announced contracts are included in this analysis drawn from GlobalData’s Power database, which covers power plants, T&D projects, equipment markets, analysis reports, capacity and generation, and tracks tenders and contracts on a real-time basis.
More in-depth reports and analysis on all reported contracts are available for subscribers to GlobalData’s Power database.